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Showing 1 - 10 of 65 results for %22Freedom Insurance%22

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... said. Seven cases remain in front of the courts, including those against ACBF Funeral Plans and Youpla Group and Freedom Insurance.

ASIC response to Freedom Insurance saga continues

JAMIE WILLIAMSON  |  WEDNESDAY, 17 AUG 2022
ASIC has so far secured more than $102 million in remediation for Freedom Insurance customers and is urging anyone else who purchased life cover through the now-defunct insurer to come forward. Freedom Insurance went out of business after ASIC's review ...

QIC braces against recession risks

ELIZABETH FRY  |  FRIDAY, 12 AUG 2022
... internal and external governance processes. Yet Hill - who manages around $60 billion on behalf of the state - has more freedom than super funds as QIC is not subject to the Your Super, Your Future regime. She says the QIC governance regime allows the ...

Consumer advocates criticise advice review

ELIZABETH MCARTHUR  |  THURSDAY, 3 FEB 2022
... sales incentives, appear to have been totally forgotten." For example, Consumer Action Law Centre pointed to the Freedom Insurance case study, in which the company admitted to the Royal Commission that its sales incentives to staff - including commissions ...

ASIC sues former Freedom Insurance staff

KARREN VERGARA  |  MONDAY, 25 OCT 2021
A former Freedom Insurance director and consultant will head to Federal Court for their alleged involvement in aggressive sales tactics. ASIC has commenced civil penalty proceedings against former Freedom Insurance managing director of Keith Cohen and ...

Former Spectrum chief cops additional bans

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
... key person for Spectrum - once home to close to 100 advisers. Spectrum was the subsidiary of the now-defunct Freedom Insurance Group. It closed in 2019 when it could no longer meet a key person requirement for its AFSL. In 2018 Freedom said it would ...

Governance Institute of Australia names chair

KARREN VERGARA  |  TUESDAY, 27 JUL 2021
... financial services regulation at ASIC between 1998 and 2004. Some recent appointments include a directorship at Freedom Insurance Group and leading ESG research firm Regnan for a year. Vamos is currently a non-executive director of Mercer Superannuation ...

AustralianSuper breached member's privacy: Regulator

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... Information Commissioner and Privacy Commissioner Elizabeth Hampton. The OAIC is the national regulator for privacy and freedom of information that sits in the Attorney General's portfolio.

AMG Super rebrands divisions to cut costs

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... three years. AMG Super, which is partly owned by DDH Graham, has so far run the $140 million Emplus Super and $300 million Freedom of Choice Super as standalone divisions of AMG. "We are in a process of a significant product consolidation project. Emplus ...

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... can't access mental health treatment through their funding programs. Calls from the life insurance industry for regulatory freedom to allow life companies to be able to fund mental health treatment rather than paying out claims with a lump sum have ...
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